One of the main reasons many proprietorships fail within a short time is that
A) the owner lacks needed skills
B) the owner lacks interest in the business
C) proprietorships are not able to compete with corporations any longer
D) proprietorships are not able to compete with partnerships
Correct Answer:
Verified
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Q20: Approximately how many new businesses fail within
Q21: Which one of the following statements is
Q22: If assets are valued at $500,000 and
Q23: In a sole proprietorship,
A) creditors have first
Q25: The type of business that can be
Q26: An advantage of partnerships when compared to
Q27: In which type of partnership is the
Q28: In a limited partnership
A) all partners must
Q29: An official document giving power to run
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